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Senior Vice President, Head of Private Credit & Co-Head of Alternatives

EVEREST REINSURANCE COMPANY

Warren, NJHybridFull-time$340–350K/yrTracked 1mo agoSeen in employer's feed 5 days ago

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At a glance

Compensation
$340–350K/yr
Location
Warren, NJHybrid
Schedule
Full-time
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

EVEREST REINSURANCE COMPANY is hiring a Senior Vice President, Head of Private Credit & Co-Head of Alternatives. Everest is seeking an accomplished investment executive to serve as Senior Vice President, Head of Private Credit and Co-Head of Alternatives. This senior leadership role is responsible for the strategic direction, portfolio construction, manager selection, risk oversight, and performance of Everest's private credit platform while partnering to oversee the broader Alternatives portfolio. The successful candidate will lead the continued evolution of Everest's private credit portfolio, balancing risk-adjusted return opportunities with capital efficiency, liquidity management,...

Key focus areas include Develop and execute Everest's private credit investment strategy across all credit segments, Lead portfolio construction, manager selection, sizing decisions, and portfolio monitoring activities, and Identify and evaluate new investment opportunities across various credit types.

Successful candidates bring 10+ Years Institutional Investment Experience, 8+ Years Credit Investing Experience, and Bachelor's Degree. Important skills include Private Credit Investment Strategy, Portfolio Construction, Manager Selection, Portfolio Monitoring, Direct Lending, and Asset-Based Finance.

Skills & qualifications

RequiredNice to have

Skills

Private Credit Investment StrategyPortfolio ConstructionManager SelectionPortfolio MonitoringDirect LendingAsset-Based FinanceOpportunistic CreditStructured CreditInfrastructure CreditPrivate PlacementsPortfolio OptimizationDue DiligenceUnderwriting External ManagersCredit Quality MonitoringCovenant Trend MonitoringMarket Conditions MonitoringStrategic AllocationsCapital ObjectivesLiquidity ObjectivesRisk ObjectivesCash Flow ForecastingLiquidity PlanningRisk-Adjusted Return EvaluationEconomic Capital UsageRating Agency Capital ModelsRegulatory Capital ConsiderationsLiquidity ImplicationsPortfolio Stress TestingScenario AnalysisRisk Mitigation StrategiesCompliance With Investment GuidelinesRegulatory RequirementsGovernance StandardsExternal Relationship ManagementNegotiationMarket AwarenessLeadershipCoachingTeam DevelopmentRecruitingRetentionSuccession PlanningCollaborationStrategic Investor MindsetStrong Credit JudgmentExceptional Analytical CapabilitiesExecutive PresenceCommunication SkillsSound Risk Management DisciplineCollaborative Leadership Style

Qualifications

10+ Years Institutional Investment Experience8+ Years Direct Credit Investing and Oversight ExperienceExperience Managing Large Institutional PortfoliosExperience Managing External Investment ManagersExperience With Insurance Company Balance SheetsExperience With Asset-Liability ManagementExperience With Regulatory FrameworksProven Ability to Evaluate Complex Credit StructuresProven Ability to Evaluate Illiquid InvestmentsLeadership Experience Managing Investment ProfessionalsLeadership Experience Building TeamsBachelor's Degree

Benefits

Medical Insurance
401(k) Match
Paid Time Off

Full job description

Compensation

$340,000.00 - $340,000.00 / Yearly

Hours Per Week

40

Number Of Positions

1

Job Description

Title:

Senior Vice President, Head of Private Credit & Co-Head of Alternatives

Company:

Everest Global Services, Inc.

Job Category:

Finance

Job Description:

About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Everest is seeking an accomplished investment executive to serve as Senior Vice President, Head of Private Credit and Co-Head of Alternatives. This senior leadership role is responsible for the strategic direction, portfolio construction, manager selection, risk oversight, and performance of Everest's private credit platform while partnering with the Head of Private Equity and Real Assets to oversee the broader Alternatives portfolio. The successful candidate will lead the continued evolution of Everest's private credit portfolio, which includes direct lending, asset-based finance, opportunistic credit, private placements, structured credit, and other alternative credit strategies. The role requires balancing risk-adjusted return opportunities with capital efficiency, liquidity management, rating agency considerations, and regulatory requirements. Everest's current private credit portfolio represents a meaningful allocation of invested assets, with exposure across investment-grade private credit, asset-backed finance, and non-investment-grade private lending strategies managed through institutional investment structures and partnerships. As a member of the Investment Leadership Team, this executive will help shape strategic asset allocation, investment policy, risk management frameworks, and long-term capital deployment decisions across the firm's global investment portfolio.

Key Responsibilities

Private Credit Leadership

Develop and execute Everest's private credit investment strategy across all credit segments.

Lead portfolio construction, manager selection, sizing decisions, and portfolio monitoring activities.

Identify and evaluate new investment opportunities across:

Direct Lending

Asset-Based Finance (ABF)

Opportunistic Credit

Structured Credit

Infrastructure Credit

Private Placements

Drive portfolio optimization efforts to enhance risk-adjusted returns and capital efficiency.

Oversee due diligence and underwriting of external managers and investment vehicles.

Monitor portfolio performance, credit quality, covenant trends, defaults, recoveries, and market conditions.

Advise on portfolio guidelines, concentration limits, and monitoring frameworks.

Alternative Investments Leadership

Serve as Co-Head of Alternatives alongside the Head of Private Equity and Real Assets.

Help determine strategic allocations across private equity, private credit, real assets, secondaries, and opportunistic investments.

Assess alternative investment opportunities within the context of enterprise capital, liquidity, and risk objectives.

Collaborate on strategic asset allocation studies and portfolio construction initiatives.

Contribute to the management of unfunded commitments, cash flow forecasting, and liquidity planning.

Risk Management, Capital Efficiency & Governance

Partner closely with Enterprise Risk Management and Finance teams.

Evaluate investments through the lens of:

Risk-adjusted return

Economic capital usage

Rating agency capital models

Regulatory capital considerations

Liquidity implications

Develop portfolio stress testing and scenario analysis frameworks.

Identify emerging risks and implement appropriate mitigation strategies.

Monitor evolving rating agency and regulatory developments affecting alternative assets.

Ensure compliance with investment guidelines, regulatory requirements, and governance standards.

External Relationship Management

Build and maintain relationships with leading private credit managers, sponsors, consultants, banks, and industry participants.

Represent Everest in negotiations with managers and strategic partners.

Attend industry conferences and maintain awareness of evolving market opportunities and competitive trends.

Establish Everest as a respected institutional investor within the private credit marketplace.

Team Development

Lead, mentor, and develop a high-performing private credit investment team.

Foster a culture of accountability, collaboration, intellectual rigor, and continuous improvement.

Drive recruiting, retention, and succession planning efforts.

Promote cross-functional collaboration across Investments, Risk, Finance, and Corporate Development.

Qualifications

Required Experience

10+ years of institutional investment experience.

8+ years of direct experience in credit investing and oversight, with a material portion of time in private credit markets.

Demonstrated experience managing large institutional portfolios and external investment managers.

Experience working with insurance company balance sheets, asset-liability management, and regulatory frameworks.

Proven ability to evaluate complex credit structures and illiquid investments.

Leadership experience managing investment professionals and building teams.

Education

Bachelor's degree required.

MBA, CFA, CAIA, or other advanced investment credential preferred.

Leadership Competencies

The successful candidate will demonstrate:

Strategic investor mindset

Strong credit judgment

Exceptional analytical capabilities

Executive presence and communication skills

Sound risk management discipline

Collaborative leadership style

Ability to influence at senior organizational levels

Deep intellectual curiosity and market awareness

High ethical standards and fiduciary mindset

The base salary range for this position is $340,000 - $350,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

#LI-KG1

#LI-Hybrid

What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

Apply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjE2NzI0LjEwNDEyQGV2ZXJlc3RyZWNvbXAuYXBsaXRyYWsuY29t

Place of Work

On-site

Requisition ID

R7348-4342

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